Awesome or Horrible depending on the neighborhood
I bought a house in Colorado Springs, on Cheyenne Blvd, about a mile from S. Nevada, in 2002. Prices in general weren't so high then. Plus, that S. Nevada area that bordered us was extremely blighted (to say the least!). In 2007, we moved overseas and have rented it out ever since. During that time home prices gradually increased. Then, the city finally started tearing out that dingy blighted mess that was S. Nevada Ave. It's being replaced with fine shopping and dining places, etc. The dinge is gone. Basically, anywhere on the west side, below or on the mountains, is great.
There are also some really fine areas around downtown; neighborhoods full of the original Victorian houses. This includes the area around Colorado College.
But there are bad areas too. Much of the South Academy Blvd. area is crime-infested. Along the central and North Academy Blvd, it becomes a blah, boring, area, full of the same sorts of generic neighborhoods you'll find anywhere Read More